M&A Deal Summary

HUB International Acquires Rise People

On December 17, 2018, HUB International acquired software company Rise People

Acquisition Highlights
  • This is HUB International’s 1st transaction in the Software sector.
  • This is HUB International’s 68th transaction in Canada.
  • This is HUB International’s 9th transaction in British Columbia.

M&A Deal Summary

Date 2018-12-17
Target Rise People
Sector Software
Buyer(s) HUB International
Deal Type Add-on Acquisition

Target

Rise People

Vancouver, British Columbia, Canada
Rise People, Inc. is a developer of software for human resources, payroll, and benefits administration solution. Rise People is based in Vancouver, British Columbia.

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Buyer(S) 1

Buyer

HUB International

Chicago, Illinois, United States

Category Company
Founded 1998
Sector Insurance
Employees10,000
Revenue 2.2B USD (2018)
DESCRIPTION
HUB International office in Burlington, North Carolina.
HUB International office in Burlington, North Carolina.

HUB International is a global insurance brokerage providing a broad array of property and casualty, life and health, employee benefits, investment and risk management products and services through offices located in the United States (including Puerto Rico), Canada and Brazil. HUB International was formed in 1998 and is based in Chicago, Illinois.


DEAL STATS #
Overall 311 of 578
Sector (Software) 1 of 1
Type (Add-on Acquisition) 276 of 526
State (British Columbia) 9 of 15
Country (Canada) 68 of 121
Year (2018) 47 of 47
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-14 Apex Insurance Benefits

Blackfoot, Idaho, United States

Apex Insurance Benefits LLC is an employee benefit consulting firm focusing on group health, employee benefits, individual health, and senior health products. Apex Insurance Benefits is based in Blackfoot, Idaho.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-07 The Rubin Group

New York, New York, United States

The Rubin Group is a provider of insurance and risk management solutions to businesses and individuals. Rubin Group specializes in commercial and personal insurance, providing a portfolio of business and industry-specific insurance solutions and risk mitigation strategies in industries such as real estate, retail, construction, and transportation. The Rubin Group was founded in 1989 and is based in New York City.

Buy -